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Search Results 0 to 49 of about 85 (some duplicates have been removed)
CSPAN
Jan 27, 2013 7:00am EST
cuomo from erik. james says in connecticut there are two major problems, the deficit and more taxes. both problems are created by one party rule. what are the big issues in your state? join that conversation on facebook by looking for c-span. let us take a look at the balance of power in state. we can see here who controls the governors' seats. 30 republicans states in red, 19 democratic, and one independent in rhode island. but as your what ray has to say on our democrats line. caller: good morning. i wanted to say that i believe here in the state of texas -- our standard of living is what keeps is going. nobody can live on $7.25 hour. our standard of living is so below the economy it should be at $12 per hour. everything is so expensive right now. it should be, at the very least, $12 per hour. host: you are calling to raise the minimum wage? caller: yes, ma'am. if everybody makes at least $12 an hour, this country would boom so fast. here in the state of texas -- i think it is everywhere. the corruption of the governor and the mayor. big corporate donors, big business owners. they
FOX Business
Jan 22, 2013 8:00pm EST
to pass a budget, but the senate cease going to pass a democratic budget, one that raises taxes and probably increased spending, too, and what good is that? we're not requiring the senate to balance the budget in ten years, 25 years, or ever. i don't know what good is coming from the deal. you're right. it's unfortunate, and it's a retreat. remember this, he may not have the votes to pass it tomorrow. conservatives in the house can still step up and say, no, listen, we're doing something today. today is the day to save the nation and children. neil: could be the argument that, you know, cooler heads prevail, get the ducks in order doing this in may versus now. i think on both party's houses for just delaying making such decisions, period. >> we've been kicking the can for a couple of years, if not longer, others argue that, but i think having this conversation four times a year for the next couple years or however long it takes is a really, really bad idea because the margs needs stability. businesses need stability. >> maybe not. the markets are fine with it. >> creditors need
FOX Business
Jan 27, 2013 2:00am EST
for more spend more tax hikes and meaning property taxes go up. why? to pay for the benefits . taxpayers are saying wait a second, we get it . the union members understand the back lash, too. >> bill, your back shot was hard to digest, but there are so many overseas jobs that used to go to unimembers here. is there any way unions can bring those jobs back to china back home. >> yes, manufacturing jobs are coming back to north america because china is coming back. i disagree that the unions are on the defensive when it comes to government. they own government. >> one place it is growing is public sector. >> ebe mac touched on the reason why. government doesn't compete. they raise taxes. private sector where business is up to compete on the price of the product. unions make companies less competitive. >> what does it say about unions. they used to represent . people were proud to put the union label on the product. is that still true, steve? >> no, all you have to do is lookk at detroit and the legacy and companies that went in to right to work states and they paid competitive wages and di
FOX Business
Jan 24, 2013 9:20am EST
the exporters going down and then the wild card here is what is the government going to do with taxes, how does that affect business and consumer spending. so we're on that road, but the road is-- it needs a lot of pavement, stuart. hopefully our government will do the right thing by us. >> hopefully. >> stay there for a second, carol, i want your opinion on another news item. and we broke the story yesterday, union membership, it's way down. i've got some numbers for you, in all, 400,000 workers, less left the labor movement, gone, 400,000, the state of wisconsin lost 46,000, 13%. indiana, where a law passed last year that doesn't require workers to pay a union fee, still allows them to benefit from collective bargaining, that lost more than 56,000 union members in that state. down 18%. most of the municipal workers, by the way. and these are the lowest union levels since 1916, i believe. carol, it occurs to me that unions have a lot of political power at the moment, but they're sharply declining membership. >> they do. and you know, it's funny, i am he' the daughter of a union electrician so
CSPAN
Jan 27, 2013 6:00am EST
, a trillion dollar tax hike took effect. the senate voted to prevent tax hikes and 98% of americans. and made the lower tax hikes permanent. president obama got less revenue than the speaker offered in the first place. in short, there is no way we were going to get a better deal for the american tax payer. we wanted to keep tax hikes low for everybody. we wanted to cut spending. otherwise every single taxpayer would have paid higher taxes and our economy would have gotten into a nosedive. the decision was simple. if you think a bill needs to pass, you vote for it. many of my colleagues voted the other way. i respect their decision. prudence demands mutual understanding, especially among friends. my colleagues and i saw the same thing. we wanted a smaller, smarter government. we simply differed on the means. that is the difficulty of governing. it should not be a cause for division. our tactics will differ from issue to issue, but our strategy remains the same. in the next four years, opportunity will not come easily. we have to pay our bills and make sure we can pay our bills tomorrow. to do
FOX Business
Jan 22, 2013 11:00am EST
just had a big capital gains tax, a big dividend tax. you have obamacare that is coming down the pipe which it employers with more than 50 workers in a lot of employers are already holding back on their employment because of that. then we talk about things like coffee and trade and climate change legislation. i do not want to be entirely negative here. you mentioned the fact that the housing market is picking up. no question about that. ironically, here is the irony of this president, the number one factor that is creating jobs in the economy over the last three years has been the oil and gas sector. dagen: you would be not a smart politician if you got in the way of that in the next four years. steve, by the way, 2100 words in that address and job or jobs was noted three times. steve, it was great to speak with you. >> people should read in our "wall street journal" today, we have an excerpt from ronald reagan's inauguration. the job market was really expanding back in. dagen: steve, great to speak with you. take care. connell: we brought in chief market strategist from america finan
FOX News
Jan 24, 2013 7:00pm PST
of other californians about to do it as well? is your sounds like it, new california state tax hikes sending some residents fleeing california. so where will they go? nevada tax accountant george ashley says he knows. nice to see you, george. >> hello, greta, thank you for having me. >> greta: what's the story? people who live on the border of nevada and california are making the quick move to nevada? >> well, that's the people living on the border, but people from all sorts of places in california who want to avoid the california tax, a lot of them are thinking about packing up and moving and a lot of them are doing it. >> greta: what would be the reason, folks from deeper into the state away from nevada, but if you live on the border of california, unless you're really wedded to your house, why not move the mile into nevada and save yourself 13.3%? >> absolutely. absolutely. >> when does it make sense? suppose i have a business in california and i'm thinking of selling my business, should i move to inform nenevada before it or stuck paying the taxes no matter what. >> depends on t
FOX News
Jan 22, 2013 1:00am PST
-- >> maximum? >> they should pay their fair share. >> sean: give me a fair share number. >> i like a flat tax. >> sean: between state, local, federal and isn't it sad people are thinking of moving states? and some people might leave the country, that's sad. >> only people with options can do that and we're losing track of that. >> sean: when those people leave, guess who is going to pay? the people who are left. >> yeah, and the states are being dug into the ground with all of these. >> sean: and we've got to run, but we expect momentarily that vice-president biden will be addressing the troops on this inauguration night. congratulations to the president, first lady for ing, that's all the time at we have left. greta is next to go "on the record" and we'll see you tomorrow night. >> greta: tonight, it's blistering, it isn't so much what was said, but who said it. is the cbs news political director and telling president obama to pulverize and destroy republicans. but tonight, scott walker is here and how are he and other governors planning for president obama's second term. governor walker in
CSPAN
Jan 26, 2013 10:00am EST
with incentives to take risks and bring ideas from dream to reality. tax credit to help early-stage companies to develop andit's worked in other states, and it's something we can do this session. i will work with the legislature to make it more desirable for small and medium size businesses to hire more people in washington. we must also do a better job commercializing the technologies connecting the dots from the classroom to the laboratory to the marketplace. and no economic strategy would be complete without a transportation plan that facilitates this growth. this session i expect to work with stakeholders that have already committed to a bipartisan plan to build an infrastructure for the next generation. in the next ten years, our population will grow by approximately three quarters of a million people, but we will not be adding one more square inch of dirt. to honestly address our recognize that creativity is just as important as concrete. i want us to turn our innovative spirit towards crafting a transportation package that includes roads, trains, light rail, buses, bike routes and othe
CSPAN
Jan 27, 2013 6:30pm EST
should simpfie our tax code not for the benefit of washington, d.c. but to get washington, d.c. out of the way. let's get rid of the loopholes paid for by lob yist. it shouldn't be complicated for a taxpayer to fill out his taxes or to live his life in fear of the tax consequences for his or her choices. let the democrats extol the virtues of our an indicated one size fits all factory schools where the child follow it is dollars. meanwhile let us republicans feature the successed of child sentered education solutions, education solutions where the dollars follow the child. [applause] these are but a few examples of the way we must fight the battle or how we must win the argument. one thing we've got to get straight right now washington has spent a generation trying to bribe our citizens and extort our states. as republicans it's time to quit arguing around the edges of this corrupt system. that brings me to my third point which i want to shift gears and speak to changes i believe we must make if we are to win elections. as i ipped kated before i do not believe we need to abandon or
FOX News
Jan 22, 2013 3:00am PST
taxes. this happy couple used capital one venture miles for their "destination wedding." double miles you can "actually" use. but with those single mile travel cards... [ bridesmaid ] blacked out... but i'm a bridesmaid. oh! "x" marks the spot she'll never sit. but i bought a dress! a toast... ...to the capital one venture card. fly any airline, any flight, anytime. double miles you can actually use. what a coincidence? what's in your wallet? [ all screaming ] watch the elbows ladies. [ breathes deeply, wind blows ] [ male announcer ] halls. let the cool in. has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. >>brian: getting heat for suggesting he may make changes to his own life based on the increasing tax burden placed on successful americans especially in california. even forbes, a magazine featuring successful people, is jumping on the band wagon writing -- quote -- "mickelson should stop whining and give thanks for your good fortune." now h
CSPAN
Jan 26, 2013 7:00pm EST
and taxes even more, whether it is cap and trade, regulating our economy and raising the costs for every american, they are feeling emboldened right now. and if conservatives stand together, we can stop that, and stopping bad things that would harm this country, that would harm americans, is a major victory for the next two years. [applause] but the third thing we can do in the short term is we can use leverage points to plaque real progress on the fiscal and economic crisis threatening this country. the fundamental dynamic when you have divided government is that whichever side owns the default is in the stronger position. either party can stop anything. so whoever wins if nothing gets done, wins the negotiation, wins the battle. it's why on fiscal cliff we got such a lousy deal. because if nothing happened, the result was a massive tax increase on er american who pays taxes, and i think president obama was perfectly fine, he was serene to go off that cliff. why? because his substantive agenda, which he doesn't hide from, is to dramatically expand the size and power of government, and t
FOX Business
Jan 28, 2013 9:20am EST
tax illinois, he owes even more to the state. maybe he should do a mickelson and move. yes, the tax refugee story will not go away. news this morning, that france's richest man is leaving and taking his wealth with him. arno is doing a depardu. t the wall street journal calculates tiger woods saved 100 million dollars over the years he moved to no tax florida. back to that one-shot $75,000 winner he lives in illinois which has just been downgraded. even though the state income tax has gone through the roof and chicago is concerning lifting, shifting its retiree health costs on to you, the federal taxpayer. can you say obama bailout? yes, we can. "varney & company" is about to begin. houting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all onhinkorswim from td ameritrade. ♪ >> we have for a long time on the program and now the all-time high for the dow is in sight. clear sight. the record is 14,163.
FOX News
Jan 26, 2013 2:00pm PST
have an administration run by democrats, tries to tell them what health care to buy and how much taxes they should spend and how much they should keep and are bullying business owners and private citizens and this is a perfect example of that. it is what liberalism is based on. >> you say the -- the number of times you said liberals here. >> who -- i mean... >> wait. >> if you think the nra is not bullying people? you don't think they billy peop-- bully people on guns. >> we can have a discussion on groups, i remember you calling the tea party a group -- >> it is about how people talk about things. that's what we're talking about. a conservative because they are often on the defense, are more interested in debating, like global warming. if we debate that you will call me a flat earther. i wouldn't call you a name. >> you say weather -- climate and weather are unrelated, and they say you are stupid. >> that is what i'm talking about. i'm willing to debate but the left is more willing to denigrate and make fun of you. because they believe they are part of the problem. >> i will call you
CSPAN
Jan 23, 2013 10:00am EST
in medicare, those cuts in medicaid, those -- the tax cuts for the wealthy. and yet all of this is being put back on the table by holding the debt limit hostage, holding the credit hostage, holding american jobs hostage. so if you don't vote for that budget, then they get to play with the debt limit again. they get to play with the debt limit again. we got big lists to make between now and then, folks. we have sequestration. we have tax reform. we have a budget to write. let's just get down to the business and do it. just do it. don't play with the credit of this country. don't play with people's pension plans. don't play with the interest rates of corporations have to pay to borrow. don't play with the interest rates your local municipalities have to borrow for projects in their district. this has got to stop. if you really believe that america is a great country, if you really believe that we're an international power, then we ought to start acting like one in the congress -- and the congress of the united states should start acting like it. and 90-day extensions on the credit worthiness o
CSPAN
Jan 28, 2013 12:00pm EST
the taxes that support government expenditures. they paid premiums through their employers for health coverage. they forgo wage increases that could be much higher if health costs were not growing as fast. they believe are the beneficiaries of the whole two trillion dollars in the end. we are not talking about the blood in the streets. people fighting over dwindling -- over a dwindling pie. i would posit that only in health care what the growth from two 0.9 trillion dollars in 2013 to 5.1 trillion dollars in 2023 would be referred to as a shrinking pie. there will be plenty of resources flowing into the health-care system, just not quite as much as would be flowing if nothing was done. we are talking now to give you some sense of the magnitude of this. we are talking about the .rojected health policy twee if you say two trillion dollars in that growth, you would be reducing health spending to only 40 trillion dollars over the next 10 years. you would be cutting the growth in health spending from an estimated 90% under current policy to only 75% over the next two -- over the next 10 ye
CSPAN
Jan 28, 2013 8:30am EST
in louisiana including the tax reform he's just launched in the past few weeks, what he's doing is trying to think about how at this moment at a time when globalization's putting enormous pressures on working class voters, at a time when the economy is going through a very complicated, difficult moment when it's not clear how to get back to growth, he's thinking creatively about how to use the strength of his state to build on its weaknesseses. and i think at the national level that's what conservatives have to do. to some extempt, it's being done. i would say the policy agenda that has to come at the end of that conversation is not fully worked out by any means, but the questions are being asked. i think the direction of thinking has been helpful even in the wake of the election. if you listen to what people like marco rubio or paul ryan have been saying, it's different from what they themselves were saying six months ago, a year ago. i think the focus is turning to the right place. that doesn't mean that he'll persuade the public, but it certainly helps to ask the right question if you'
FOX News
Jan 24, 2013 1:00pm PST
're in a minority in the senate and chuck schumer talking about a budget but one that will have more tax increases in it. >> one of the good things is, it's hard to do things like that in the senate if you don't have a preexisting law that does that for you. so i think we're done with the revenue discussion. now it's about getting spending under control, and i think republicans are going to be united on this. i hope very united. because we need to save this country from the fiscal ruin that awaits us if we stay on this road. >> what do you think has happened to your fellow republicans. like they lost their backbones? >> i don't know about that. neil. i think that -- when i talked to my fellow senators, there's a really strong resolve to make progress on this front. we got big battles coming up. i think we have to make sure the savings of the sequester stays in play. and win the continuing resolution expires in march, we have to make sure a continuation doesn't occur. i think my colleagues on the other side of the aisle will be engaged in that fight to preserve those things but we'll be battling a
CSPAN
Jan 25, 2013 11:00pm EST
, but does it help anybody? cuts the amount of taxes that gates sends to the federal government to control the meat inspectors and all the wonderful things the government does for us, and so you have to, i think, take cognizance of why the country is great. it's because of the wealth. you can't defeat poverty if you don't create wealth. .. santorum served 14 -- 16 years in congress. did he ever once hisser anything about banning contraceptives? yet, somehow that message was -- it took advantage of all the low-information women voters who just follow joy behar and have no idea that rick santorum and mother teresa believes that contraception is against the catholic teaching. i'm told only 20% of the catholics respect that teaching, but for those who do, it used to be in my time you respected people's religious beliefs you didn't ridicule them or demonize them. i think the fact the democrats were successful -- getting back to negativity -- where was the war on women. they tried to convince that somehow santorum was going to do this and the republicans are against contraception. i think i even
CNN
Jan 27, 2013 6:00am PST
a background check. next up, senator dianne feinstein. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. [ slap! ] [ slap! slap! slap! slap! ] ow! ow! [ male announcer ] your favorite foods fighting you? fight back fast with tums. calcium-rich tums starts working so fast you'll forget you had heartburn. ♪ tum tum tum tum tums >>> both sides of the gun debate played out yesterday in washington, d.c. thousands of demonstrators took to the national mall, demanding tougher gun control laws, including a ban on assault style rivf rifles and high capacity magazines, and outside atlanta, purchasers lined up outside a local gun show to stock up. senator dianne feinstein joins me now. boise week with hearings opening up. senator joe manchin, i want to open with what he said to us last sunday. >> on just gun s alone will not go anywhere. >> it has to be comprehensive. and that's what i told everybody, has to be a comprehensive approach. >> senator manchin says this has to b
MSNBC
Jan 28, 2013 9:00am EST
a probationary status, they would have to register with the federal government, pay a fine and back taxes and pass a background check to make sure they don't have a criminal background, violent history. to gain permanent residency, individuals would have to pay more fine, demonstrate a work history and current employment and they'd have to go behind the back of the line behind every lawful green card applicant. it provide for immigrant who is came to the u.s. as children and those who are agricultural workers. they do not have to go back to their home country. the most important i kquestion be answered, do knows who are dead set against amnesty believes this is amnesty under another name. >> i'll give you a little straight talk. look at the last election. look at the last election. we are losing dramatically the hispanic vote, which we think should be ours for a variety of reasons. >> senator menendez said after a handful of meeting the senators agreed a pathway to citizenship must be part of any comprehensive plan. >> having a pathway to earned legalization is an essential element and i
FOX News
Jan 24, 2013 3:00am PST
higher tax rate. his former neighbor says he has a point. he says the tax policy in their neighborhood is criminal. criminal. he'll explain. [ male announcer ] it's simple physics... a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis symptoms. but if you have arthritis, staying active can be difficult. prescription celebrex can help relieve arthritis pain so your body can stay in motion. because just one 200mg celebrex a day can provide 24 hour relief for many with arthritis pain and inflammation. plus, in clinical studies, celebrex is proven to improve daily physical function so moving is easier. celebrex can be taken with or without food. and it's not a narcotic. you and your doctor should balance the benefits with the risks. all prescription nsaids, like celebrex, ibuprofen, naproxen and meloxicam have the same cardiovascular warning. they all may increase the chance of heart attack or stroke, which can lead to death. this chance increases if you have heart disease or risk factors such as high blood pres
MSNBC
Jan 28, 2013 3:00am PST
to stand out in a crowd, whether it's on taxes or regulations or in the past on immigration, you were completely shunned from the party. finally there's an understanding we've got to grow the party. what we've been saying for quite frankly for years and getting attacked, we want colin powell on our side. we want moderate republicans on our side. if we're going to be the majority party again, we've got to spend the party. >> are you saying they're pushing her out of the spotlight as part of making the stupid party less stupid? >> what i'm saying is that sarah palin represented a time and place in american politics. and not 2008 so much as 2010. and that time is passing us very quickly. and party leaders are finally understanding that. you know, roger els, i brought up richard haass, roger els before. roger els saw this coming well before the 2012 election. he had realized what had gone wrong. not only at his network but also in the conservative movement of the republican party. that's why he was running out and talking to chris christie saying, get in this race. you can save this party
FOX News
Jan 24, 2013 6:00am PST
mickelson after he said high taxes might chase him out of his home state of california. why one of the world's highest paid athletes is now why he is saying he is sorry? bill: man, have you been outside? it is epic cold. this is gripping most of the country. windchill readings falling to 30 below. if you live there, you know how cold it is. that is chick -- chicago screen left. how can avoid being outside. martha: good idea. >> keep moving. layers. i have on like three layers. if i need to i take something off, put something on as need be. i used to say the summer was worse but now i want to say the winter. at a dry cleaner, we replaced people with a machine. what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. bill: mitt romney heads to washington, d.c.. two of his former aides saying the former republican presidential nominee and his wife ann will be in the nation's capitol, make that friday, for a luncheon in their honor. friday is the luncheon. the forme
FOX News
Jan 28, 2013 6:00am PST
of at tax in benghazi which four americans were murdered the president did an interview with steve kroft which he said, we don't know whether this was an act of terrorism or not. cbs sat on the sound bite, only news on the interview and did not release that to the public until way after it became a major issue in presidential they worked on behalf of the obama campaign. your question which is smart one, why are they doing this? i don't know. "60 minutes" is good show a lot of the time. martha: they will take heat for this for some time. >> he is like kryptonite for them. martha: "60 minutes" interview with the president, propaganda. >> melts with obama for some reason. >> also, martha, the other thing is probably the first half the interview is old news. we know how the secretary of state was chosen. we know about the back and forth. this already has been reported on. this is not new information like he was getting new insight how this came about and how they got over their relationship. it really was just a campaign endorsement. martha: yeah. huge questions about how good a secretary of
MSNBC
Jan 21, 2013 3:00am PST
is the republicans have agreed to raise taxes. they refused to do that for a generation. i think there will be a change on immigration. i think there's potential for bipartisan work on energy. the republican party's got to find its way back to some kind of restoration if it wants to get the white house back if it wants to control the senate again and move beyond the house. the movement they've had on the debt ceiling, democrats would call it gimmicky on some level. but we want to choose our fight difficultly. they want to push the president to deal with the spending problem this government has. you know what? all the polling reflects the fact that they're right. americans want a better economy. they want compromise. they want to cut government spending. so republicans are on the right track there. the question is how do they find a way to pressure the president in a way that's different tanhan what they've done. >> eugene? >> i think the question is whether the republican establishment, such as it is can bring along the rest of the republican party, the tea p
CSPAN
Jan 23, 2013 5:00pm EST
no intention of proposing a carbon tax. beyond that i haven't seen the legislation that you've talked about. thank you all very much. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2013] >> senator john kerry has been nominated by president obama to be the next secretary of state. his confirmation hear something tomorrow. he'll be introduced by current secretary of state hillary clinton. that hearing tomorrow here on c-span beginning at 10:00 a.m. eastern. well, the house today passed a bill that would suspend the debt limit for the next four months through the middle of may. it passed by a vote of 285-144. coming up next, a part of the floor debate from the house today. mr. speaker, i yield myself such time as i may consume. the speaker pro tempore: the gentleman is recognized. mr. camp: thank you, mr. speaker. i rise today in strong support of h.r. 325, the no budget, no pay act of 2013. this legislation directs members of the house and senate to adopt a budget resolution by april 15, 2013. if either body does not -- the speaker
FOX News
Jan 26, 2013 3:00am PST
deserve a dollar and a dream? should tax dollars be spent on lotto tickets? we report. you decide. >> i want to go out on a limb. speaking of luck, this fan makes a one in a million shot. >> with a half court hooker. >> look at that shot. he probably enjoyed the look from lebron. >> lebron james tackles him. more on that straight ahead. good thing they are now dating. "fox & friends" begins right now. >> live from new york, where we let the crew produce the show and pass the savings along to you, it's "fox & friends." >> alisyn: it's bad when at this hour of the morning i'm slap happen? >> we are in for a good show. >> 6:01 a.m. you have the right to be slap happy. >> i usually control the uncontrollable. [ laughter ] until 9:45 when the wheels fall off the bus. it's happening right now. >> it's so cold. we do begin with an extreme weather alert. deep freeze is making for dangerous travel conditions around the country. in arizona, there was a scary landing for a small plane. once it touched down, it hit a patch of ice and it slid off othe runway right into a fence. i think it's like dri
MSNBC
Jan 23, 2013 6:00pm PST
the high speed computer trades. >> is there any downside to a tax? >> yeah, if you're a hedge fund manager or one of the high-speed traders, you're going to have to pay some tax and it's going to discourage you from making bets that distort the market. for the rest of us, i don't see a downside, ed. >> how would we make a determination? because you know they would come back and say oh, this is really going to hurt the economy. how would this hurt the economy? >> i don't see how discouraging speculation, which is almost all done with borrowed money. they effectively borrow money at a rate of 30 to 1. you put 3% down and borrow the rest of the money. i don't see how this hurts the economy. and if we reduce this volatility and reduce market distortion, we can get back to having a market focused on investments that create production in the future and wealth in the future, not creaming the market today through speculation. >> quickly, you think this is something congress could embrace? >> not probably in this congress in the house, but i think this is an idea. it's been around for 80 ye
NBC
Jan 25, 2013 6:00pm EST
and push even harder on a progrowth low-tax program. i'm steve handelsman, news 4. >> a legal setback for president obama today, a federal appeals court ruled he violated the constitution by making three appointments to the national labor relations board while congress was in recess. normally the president isn't allowed to bypass the senate, while senators were not in town when the president decided to fill the vacancies over the holidays, the senate was technically in session. the white house hasn't said yet whether it plans to appeal today's ruling. >>> also today, president obama announced he has appointed denis mcdonough to be his current chief of staff. the president said his new chief of staff has been involved in every major national security decision of his presidency. he also noted he is seen in the picture taken in the white house situation room during the raid that killed osama bin laden. he is seated behind hillary clinton and wearing a deep blue shirt. he replaces jack lew who has been nominated to be secretary of the treasury. >>> it is friday, it is snowing, we have a f
FOX Business
Jan 28, 2013 11:00am EST
with a green card as long as they paid back taxes and paid penalties and get in line for citizenship and approval. they also, however, want stronger border security and tracking of legal immigrants and whether or not they overstayed their welcome. they want to strengthen the employment verification system out there for immigrants, and those getting advanced degrees, ph.d. and masters in the math and the sciences. all of this is good politics, take a listen. >> look at the last election. look at the last election. we are losing dramatically the his pappic vote we think should be ours for a variety of reasons, and we got to understand that. >> in the last election, president obama got 71% of the hispanic vote, and mitt romney got 27%. dennis, cheryl? cheryl: immigration a big topic, obviously, and they voted on that. peter barnes, thank you very much. >> you bet. cheryl: gun stocks trading, the sector, we have been watching it, the two biggest names we follow, mar -- marginally higher. the president and vice president meeting with chiefs from major cities like aurora, colorado, oak cre
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